RBLX - 1 Growth Stock Down 72% to Buy Right Now
2024-03-16 05:15:00 ET
Are you willing to take a little extra risk for a chance at a lot of growth? It's a common trade-off when picking stocks. If your answer is yes, consider stepping into a stake in video game outfit Roblox (NYSE: RBLX) .
Roblox is not yet profitable, but persistent double-digit percentage revenue growth is pushing its bottom line in that direction. And the stock could start performing well again even before it gets into the black. Better still, share prices are down 70% from their all-time high. That discount could start shrinking soon, and it may never be available again.
You've probably heard of the company. Unless you're a video gamer, however, you likely don't fully understand what it is or does.
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1 Growth Stock Down 72% to Buy Right Now